Optimum Money Market

Important Notice for Stoneham Branch

Our Stoneham Branch continues to be impacted by the ongoing culvert construction project on Montvale Ave. Access to the branch remains open during this construction period. To ensure you stay up to date on any changes or developments, we encourage you to check for the latest update here. We apologize for any inconvenience this construction project may cause and appreciate your understanding and patience. If you have any questions, please feel free to reach out to our Customer Contact Center at 888.402.2265.

Optimum Money Market Features

Interest paid at the end of each month
Receive a monthly statement
Monthly maintenance fee¹ of $5 is waived with a $2,500 average daily balance
$10 minimum balance to open and earn Annual Percentage Yield (APY)
Access your money at any time²

¹ For a full explanation of our fees, please refer to our Fee Schedule.

² Transaction Limitations: You will be permitted to make no more than 6 combined pre-authorized, automatic, check or telephone transfers per statement cycle from your Money Market account to another account or third party. If you exceed these restrictions, we may assess an excess fee.

Optimum Money Market Rates

Effective as of 9/27/2023

Balance	Interest Rate	Annual Percentage Yield (APY)
$0-$9.99	0.00%	0.00%
$10.00-$24,999.99	0.05%	0.05%
$25,000.00-$99,999.99	0.10%	0.10%
$100,000.00-$249,999.99	0.15%	0.15%
$250,000.00 and above	0.20%	0.20%

APY = Annual Percentage Yield

Fees may reduce earnings. Minimum balance to open and earn APY is $10.00. Interest compounded and credited monthly. Variable rate may change after account is opened. Certain other restrictions may apply. Monthly maintenance fee of $5 is waived with a $2,500 average daily balance.